Market Overview
Home Prices in Terry, MT
The median home value in Terry, MT is $133,005 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 7% compared to a year ago and down 5.5% from two years prior.
Compared to the U.S. national median of $410,000, homes in Terry are priced68% below average.
Over the past five years, Terry home values have risen by approximately19.3%, reflecting steady appreciation in this market.
Price History
Terry Home Price Trend
2020
$89,852
$90K
—
2021
$111,520
$112K
+24.1%
2022
$125,935
$126K
+12.9%
2023
$127,858
$128K
+1.5%
2024
$131,543
$132K
+2.9%
2025
$124,249
$124K
-5.5%
2026
$133,005
$133K
+7.0%
City Comparison
Terry vs. National Median
🏠 Terry
$133,005
National Median
$410,000
At $133,005, homes in Terry cost 68% below the national median of $410,000. This makes Terry a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Terry?
20% Down Payment
$26,601
on $133,005
Monthly P&I
$694/mo
30-yr @ 6.8%
Total Monthly Est.
~$881/mo
incl. taxes & insurance
Income Needed
$35,240
gross annual (30% rule)
10% Down Option
$13,301
+ PMI applies
Loan Amount (20% dn)
$106,404
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Terry, MT?
The median home value in Terry is $133,005 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 7% year-over-year.
How much have home prices changed in Terry?
Over the past year, home values in Terry have increased by 7%. Over five years, prices have risen approximately 19.3%.
How much do I need to earn to buy a home in Terry?
To comfortably afford the median home price of $133,005 with a 20% down payment ($26,601) at today's rates (6.8%), you'd need a gross annual income of approximately $35,240. This assumes keeping total housing costs at or below 30% of gross income.
How does Terry compare to the national average home price?
The national median home value is approximately $410,000. At $133,005, homes in Terry are 68% below the national average.